HC Deb 06 April 1922 vol 152 c2449W
Mr. W. THORNE

asked the Chancellor of the Exchequer if the recent rise in the value of Government stocks has been accompanied by and is a sign of the fall in the cost of living whereby the purchasing power of holders of such stocks is doubly increased; and if he will invite large holders of Government stocks to voluntarily convert their stocks into stocks bearing a lower rate of interest?

Sir R. HORNE

I would refer the hon. Member to the answer I gave on the 14th March to the hon. Member for the Govan Division of Glasgow (Mr. Maclean).

Back to
Forward to